Eight attributes of management excellence, HR Management

Eight Attributes of Management Excellence

1.A Bias for Action.

2.Stick to the Knitting.

3.Autonomy and Entrepreneurship.

4.Simple Form, Lean Staff.

5.Close to the Customer.

6.Productivity through People.

7.Hands-on, Value-driven.

8.Simultaneous loose-tight Properties.

The very last attribute (Simultaneous loose-tight Properties) is a synopsis of the above 7, As according to Peters and Waterman. "Simultaneous loose-tight properties are in essence the coexistence of the central direction and greatest individual autonomy of a corporation... Organizations that exist by the loose-tight theory are on the one hand strictly controlled. Yet simultaneously they permit (indeed, insist on): entrepreneurship, autonomy, and innovation from the rank and file".